The same thing then printing is exactly like the little kid pulling their fingers further and further apart in other words they should just like if they find themselves in a hole stop digging thats the western analogue to the chinese finger trap perhaps but you know what the thing is if they were just relaxed if they didnt try to micromanage if they didnt try to rescue all their banker friends and commit the moral hazard if they just relax and said you know you have to fail that business is going to have to fail that fraud youre going to go to jail you know if they just gave in to what is the natural Business Cycle and so instead of fighting the Business Cycle the Business Cycle sitting there right in the middle of the chinese finger trap all they have to do is just relax let it fall apart let it collapse let it go bankrupt right well theres moral relativity and moral hazard associated with what youre saying here in the economy and on. Wall street and the Banking Industry they keep. Mo
Rally and 30 points on the s p 500. There arent many things that story thanter the market rally in. Lisa you said it before, fiscal support, more fiscal support, lower rates. This is what is driving it. I wonder at what point fundamentals catchup because we are not seeing the Economic Data to justify this, and yet, people are looking forward to data they are expecting as we see reopening start to take hold. Clearly, what we see in the next few months is common sense sense, an economy that goes from shut down to reopening. You will get that month on month sequential improvement. July will look better than june. August will look better than july, if we can keep on reopening. Part two is the limit of the recovery, the limits of normalization, how dependent we are on a vaccine, on improvement from the science side to really adjust the limits of that normalization. I think at the moment, were focused on the sequential improvement. At some point, youve got to get your hands around the longer
Pandemic. This week the Senate Passed a bill that will force Chinese Companies to follow the same accounting rules as u. S. Companies listed on u. S. Exchanges. The nasdaq is set to unveil new rules of initial public offerings, a move that could make it harder for some Chinese Companies to list on nasdaq. I spoke with larry kudlow,ing the white house chief economic head, about this a hardline stance toward Chinese Companies as well as the white houses decision to halt money from the thrift fund going into Chinese Companies. Watch. The solution here is for the chinese to open up their investment system and to play according to the rules set by longtime authorities in the usa, the sec being the key and the Public Accounting board being another key. We cant ask military retirees to invest in Chinese Companies that are operating against our own interests and in some cases with respect to this pandemic, we saw the president wrote an excoriating note to the world trade organization, china an
Chinese companies during the pandemic. This week the Senate Passed a bill that will force Chinese Companies to follow the same accounting rules as u. S. Companies listed on u. S. Exchanges. The nasdaq is set to unveil new rules of initial public offerings, a move that could make it harder for some Chinese Companies to list on nasdaq. I spoke with larry kudlow,ing the white house chief economic head, about this a hardline stance toward Chinese Companies as well as the white houses decision to halt money from the thrift fund going into Chinese Companies. Watch. The solution here is for the chinese to open up their investment system and to play according to the rules set by longtime authorities in the usa, the sec being the key and the Public Accounting board being another key. We cant ask military retirees to invest in Chinese Companies that are operating against our own interests and in some cases with respect to this pandemic, we saw the president wrote an excoriating note to the world
Pandemic. This week the Senate Passed a bill that will force Chinese Companies to follow the same accounting rules as u. S. Companies listed on u. S. Exchanges. The nasdaq is set to unveil new rules of initial public offerings, a move that could make it harder for some Chinese Companies to list on nasdaq. I spoke with larry kudlow,ing the white house chief economic head, about this a hardline stance toward Chinese Companies as well as the white houses decision to halt money from the thrift fund going into Chinese Companies. Watch. The solution here is for the chinese to open up their investment system and to play according to the rules set by longtime authorities in the usa, the sec being the key and the Public Accounting board being another key. We cant ask military retirees to invest in Chinese Companies that are operating against our own interests and in some cases with respect to this pandemic, we saw the president wrote an excoriating note to the world trade organization, china an